#Axelar : Expanding Its Interchain Empire! đ
Looks like $AXL has been busy building bridges! đ In Q2, they connected to 65 chains and are working on a tool to make connecting to new networks even easier. đ„đ
They also launched the Interchain Token Service (ITS) and Axelar Virtual Machine (AVM), making it super easy for tokens and smart contracts to cross chains. âïž
While transactions and active addresses slowed down a bit compared to Q1, they're still way up compared to last year. đȘAxelar's revenue also grew, even though the price of AXL went down. đ
So, what does this all mean? đ€·đ Axelar is becoming a major player in the interchain world, making it easier for projects to connect and collaborate across different blockchains.
Keep an eye on Axelar! They're just getting started. đ #Altcoins #AXL
Thanks Messari for insights!! đ€
